RANCHO SANTA MARGARITA, Calif. — (BUSINESS WIRE) — November 14, 2012 —
Liquidmetal® Technologies Inc. (LTI) (OTCQB:
LQMT), the leading
developer of amorphous alloys and composites, has completed the first
shipment of full production components as produced by its certified
Liquidmetal manufacturing partner.

“This shipment represents an important milestone for our company,
advancing us beyond our previous lab and production-prototype
capabilities,” said Tom Steipp, LTI’s president and CEO. “Production
prototype parts are necessary for our customers to analyze and qualify
parts before full production runs that will occur on a recurring basis.
In this case, that process progressed from lab-prototype parts produced
in the Liquidmetal R&D facility to production-prototype parts built in
our contract manufacturing facility and culminated with fully qualified
production parts shipped monthly from our manufacturing partner in
Colorado.”

This full production capability validates the commercial value of
Liquidmetal parts to this customer and gives us important experience in
working through the full sales process to the point where our contract
manufacturing partner can operate without R&D or engineering oversight.

“This customer has realized the unmatched value of our amorphous alloy
technology in producing strong, corrosion-resistant parts,” continued
Steipp. “Their application is an ideal showcase for our Liquidmetal
technology, and is helping to pave the way to greater market adoption
across a number of industries.”

About Liquidmetal Technologies

Rancho Santa Margarita, California-based Liquidmetal Technologies, Inc.
is the leading developer of bulk alloys and composites that utilize the
performance advantages offered by amorphous alloy technology. Amorphous
alloys are unique materials that are distinguished by their ability to
retain a random structure when they solidify, in contrast to the
crystalline atomic structure that forms in ordinary metals and alloys.
Liquidmetal Technologies is the first company to produce amorphous
alloys in commercially viable bulk form, enabling significant
improvements in products across a wide array of industries. For more
information, go to
www.liquidmetal.com.

Forward-Looking Statement

This press release contains "forward-looking statements," including but
not limited to statements regarding the advantages of Liquidmetal's
amorphous alloy technology, scheduled manufacturing of customer parts
and other statements associated with Liquidmetal's technology and
operations. These statements are based on current expectations of future
events. If underlying assumptions prove inaccurate or unknown risks or
uncertainties materialize, actual results could vary materially from
Liquidmetal's expectations and projections. Risks and uncertainties
include, among other things; customer adoption of Liquidmetal's
technologies and successful integration of those technologies into
customer products; potential difficulties or delays in manufacturing
products incorporating Liquidmetal's technologies; Liquidmetal's ability
to fund its current and anticipated operations; the ability of third
party suppliers and manufacturers to meet customer product requirements;
general industry conditions; general economic conditions; and
governmental laws and regulations affecting Liquidmetal's operations.
Additional information concerning these and other risk factors can be
found in Liquidmetal's public periodic filings with the U.S. Securities
and Exchange Commission, including the discussion under the heading
"Risk Factors" in Liquidmetal's 2010 Annual Report on Form 10-K and
subsequent Quarterly Reports on Form 10-Q.